What is DGLD?
Concisely put, DGLD is a digital proof of ownership of allocated gold physically held in a Swiss vault, backed by industry-leading partners and secured with the blockchain. With DGLD, individuals and investors have access to the benefits of physical gold ownership, combined with the convenience and flexibility of digital money.
Where is the gold stored?
The physical gold represented by DGLD is held in safe, secure Swiss vaults. DGLD is backed by one of the world’s leading precious metals groups, the MKS PAMP GROUP.
How is DGLD different from other stablecoins?
Stablecoins are crypto tokens usually collateralized by fiat money or exchange-traded commodities – in some way, usually leashed to the financial system. DGLD is not directly linked to any currency, bank (central or not) or other cryptocurrency product. Simply physical gold.
Why did we digitize gold?
Gold is a popular investment but investors often suffer from additional layers of unnecessary middlemen, costs and associated risk. DGLD is an accessible and convenient solution which will revolutionize the way the world owns one of its most enduring commodities.
How do investors use DGLD?
For individuals and investors, there are often several hoops to jump through before they can gain access to their gold. Today, anyone with an Ethereum compatible wallet can own gold with the convenience and control they crave, and without the headaches typically associated with physical gold ownership.
Who's behind DGLD?
DGLD is built by Gold Token SA, a Swiss-incorporated hard-asset tokenisation company. GTSA is backed by MKS (Switzerland) SA and CoinShares Group.